Midweek's First Read brings you video mania in daily deals; how nanoparticles could fight cancer; VC's bigging up BitCoin and the latest on Yahoo's acquisition of Qwiki.
1 min read · 03 July 2013
This week Blackstone is on the hunt for a private equity analyst, plus a handful of associate venture positions are open at Dell Ventures, Two Sigma Ventures and Vicente Capital Partners.
1 min read · 02 July 2013
H.I.G. Capital has closed H.I.G. European Capital Partners II at 825 million euros ($1.1 billion), significantly above its initial target. The fund will follow the strategy of its predecessor fund, focusing on private equity, buyout and growth capital investments in lower middle-market companies primarily in Western Europe.
2 min read · 02 July 2013
PLH Group, a portfolio company of private equity firm Energy Capital Partners, has launched Edison Power Constructors, Inc to deliver infrastructure services in the areas of electric transmission, substation, and distribution. Based in Phoenix, Arizona, Edison's immediate focus is to expand its capabilities and market position in the Western United States power market.
2 min read · 02 July 2013
National Financial Partners Corp, a provider of benefits, insurance and wealth management services, has been acquired by Madison Dearborn Partners. NFP stockholders will receive $25.35 in cash for each share of NFP common stock they own, in a transaction with an equity value of approximately $1.3 billion, which includes the full value of NFP's convertible debt.
4 min read · 02 July 2013
ConvaTec, a privately-held developer and marketer of innovative medical technologies, has named John Cannon as acting chief financial officer of the company. Cannon succeeds Edward Borkowski, who has left the company, which is owned by Nordic Capital and Avista Capital Partners.
2 min read · 02 July 2013
Levine Leichtman Capital Partners has exited its investment in Sequel Youth and Family Services through a recapitalization of the company. Sequel is a national provider of diversified behavioral health services for people with behavioral, emotional, or physical challenges.
2 min read · 02 July 2013
Idinvest Partners has closed its most recent senior debt vehicle on 281 million euros (£240.8 million). The fund named Idinvest Dette Senior has exceeded its initial target of 250 million euros.
2 min read · 02 July 2013
This Tuesday morning find out about the best performing tech stocks of 2013; the biggest winners and losers in tech and biotech and why Pandora says musicians will get more if it pays less.
1 min read · 02 July 2013
MediaBrix, an advertising and services platform for social and mobile games, has appointed a new executive to the senior management team with Glen Sussman joining as the company's CFO. Sussman has worked in technology and venture capital for more than 15 years with expertise in digital media, gaming, fundraising, mergers and acquisitions and business operations.
3 min read · 01 July 2013
